GENERATIONS FOR LIFE INC

EIN: 832358121 501(c)(3) Mental Health

LAKEWOOD, NJ

Total Revenue
$293,293
Total Expenses
$298,501
Total Assets
$5,007
Net Assets
$-10,475
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NJ
Principal Officer
ISRAEL NACHUM
Phone
7325770311
Tax Period
2023-01-01 to 2023-12-31

GENERATIONS FOR LIFE INC, founded in 2018, is a small nonprofit in the Mental Health sector that reported $293K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

Our mission is to make a positive difference in the lives of these individuals, primarily through one-to-one relationships with trained professionals. Generations For Life, Inc assists its clients in achieving their highest potential as they battle addiction and find their place as productive members of society.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $191,169
Program Service Revenue $102,124
Investment Income $0
Other Revenue $0
TOTAL REVENUE $293,293

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $2,608
Program Expenses $261,291
Other Expenses $298,501
TOTAL EXPENSES $298,501

Year-over-Year Comparison

2023 2022 Change
Revenue $293,293 $238,092 +0.2%
Expenses $298,501 $276,940 +0.1%
Net Income $-5,208 $-38,848 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ISRAEL NACHUM President 0.50
Officer Director
$0 $0 $0
CHAIM GROSS Secretary 0.50
Officer Director
$0 $0 $0
JOSEPH SCHUCK Treasurer 0.50
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $293,293 $298,501 $5,007 $-5,208
2022 $238,092 $276,940 $6,684 $-38,848
2021 $275,317 $286,131 $6,964 $-10,814
2019 $217,354 $210,934 $12,206 $6,420
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